{ }
001122334455554433221100
001122334455554433221100

NSE adds 45 new stocks to futures and options trading segment

The National Stock Exchange (NSE) has expanded its futures and options (F&O) segment by adding 45 new stocks, effective November 29, 2024, increasing the total to 223. This inclusion, following SEBI’s revised criteria, aims to enhance liquidity and market participation, featuring notable stocks like LIC, Jio Financial Services, and Zomato. Analysts anticipate that this move will boost trading volumes and improve price discovery for these stocks.

Nippon Life India Asset Management acquires Mumbai commercial property for 486 crore

Nippon Life India Asset Management has acquired two commercial properties in Mumbai's One Lodha Place for Rs 486.03 crore from Macrotech Developers. The purchase includes 52,162 square feet of space and 43 car parking spaces, with a stamp duty of Rs 29 crore. This acquisition highlights the growing demand for office spaces in key micro-markets like Lower Parel, driven by the banking, financial services, and insurance sectors.

efferies optimistic on real estate as october sales hit six month high

Jefferies is optimistic about the real estate sector, noting a six-month high in residential sales in October, driven by strong festive demand. The firm highlights Godrej Properties, Macrotech Developers, and DLF as top picks, anticipating a 25% growth in pre-sales for FY25 despite a mixed Q2 performance. The sector is poised for significant activity with new launches and a robust project pipeline in the latter half of the fiscal year.

Maharashtra election win boosts real estate stocks and Nifty Realty index

BJP's decisive victory in Maharashtra has sparked a surge in real estate stocks, with the Nifty Realty index rising over 3%. Key players like Godrej Properties, DLF, and Prestige Estates saw gains of 1-7%, driven by optimism for renewed infrastructure focus in the state after years of political instability. Analysts believe this consolidation in governance will enhance sentiment and accelerate stalled development projects.

demand for trump towers surges in india amid luxury real estate boom

Demand for Trump Towers is surging in India, with completed projects in Pune and Mumbai, and two more under construction in Gurugram and Kolkata. The luxury real estate market is thriving, with sales of high-end properties increasing significantly, as luxury homes now account for 41% of total sales in early 2024. Prices for completed Trump Towers range from Rs 10.40 crore to Rs 19.05 crore, reflecting the growing appeal of the brand in one of its largest international markets.

Lodha Group pledges 20000 crore to philanthropy inspired by Tata Trusts

Abhishek Lodha, CEO of Lodha Group, has pledged over Rs 20,000 crore to philanthropy, inspired by the Tata family's historic donation to Tata Trusts. The Lodha Group will transfer a significant portion of its shares in Macrotech Developers to the Lodha Philanthropy Foundation, establishing it as a major shareholder. An advisory board will be formed in January to oversee the foundation's social initiatives, reinforcing the commitment to "Do Good, Do Well."

wealth of top candidates in maharashtra election revealed

Maharashtra's assembly election is set for November 20, with counting on November 23. Among the candidates, Lodha's net worth stands at Rs 447 crore, a slight increase from Rs 441.65 crore in 2019. He owns Rs 218 crore in immovable property and Rs 228 crore in movable assets, having founded the Lodha group in 1980.

Macrotech Developers reports profit surge to Rs 423 crore in Q2

Macrotech Developers Ltd, operating under the Lodha brand, reported a consolidated net profit of Rs 423 crore for the July-September quarter, nearly doubling year-on-year despite the traditionally weak sales period due to monsoons and the Shradh period. The company's consolidated revenue reached approximately Rs 2,630 crore, marking a 50 percent increase year-on-year, while adjusted EBITDA surged by 74 percent to around Rs 960 crore.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.